|
|
stock recommendation, stock investment information
Begin part 3 of 3
THE PLAYS
Good movers: HMSY; IOC; ROCM; VLO
New Plays:
Upside:
Play Date: 03/27/2007
CTRP (Ctrip.com International--$65.86; -1.57; optionable): Chinese trip services
http://biz.yahoo.com/p/c/ctrp.html
STATUS: Double bottom w/handle. Very nice low volume pullback to the 10 day EMA Tuesday as CTRP sets the handle for the breakout from its 9 week base. Nice pattern setting up for a breakout to a new all-time high. Positive 4 to 2 accumulation in the base (4 up price weeks on rising volume to 2 down price weeks on rising volume) shows plenty of buying to give CTRP the foundation for its breakout and run higher. Consistent leader with solid fundamentals growth as well.
Volume: 234.191K Avg Volume: 476.567K
BUY POINT: $67.75 Volume=700K Target=$77.95 Stop=$65.21
POSITION: QCT IN - Sept. $70c (48 delta) or QCT FM - June $65c (59 delta) &/or Stock
http://www.investmenthouse.com/ci/ctrp.html
Play Date: 03/27/2007
EDU (New Oriental Education & Tech--$43.37; +0.39; optionable): Private education services in China
http://biz.yahoo.com/p/e/edu.html
STATUS: Reverse head and shoulders. A new issue in November 2006, EDU has enjoyed a nice run and is currently in its third base since it its IPO. It has spent the past week moving laterally as the 10 day EMA rises to meet it. Good set up for a break to yet another new all-time high. Top earnings growth rates to go along with the pattern.
Volume: 223.2K Avg Volume: 419.779K
BUY POINT: $43.95 Volume=600K Target=$51.95 Stop=$41.65
POSITION: EDU GI - July $45c (52 delta) &/or Stock
http://www.investmenthouse.com/ci/edu.html
Play Date: 03/27/2007
ROP (Roper Industries--$53.86; -0.14; optionable): Energy systems and controls
http://biz.yahoo.com/p/r/rop.html
EARNINGS: Announced 2-22-07
STATUS: Cup w/handle. After a strong surge to end last week and form the right side of its short 5 week pattern, ROP is fading back to test the 10 day EMA (53.56) on low volume, showing a doji at that level Tuesday. This short pattern is consolidating the January breakout from a larger 10 month base. Excellent action that is testing that move and setting up a new all-time high.
Volume: 348.9K Avg Volume: 440.898K
BUY POINT: $54.98 Volume=661K Target=$62.95 Stop=$52.97
POSITION: ROP HK - Aug. $55c (49 delta) &/or Stock
http://www.investmenthouse.com/ci/rop.html
Play Date: 03/27/2007
TALX (Talx Corp.--$33.43; -0.26; optionable): Payroll-related, human resources outsourcing services
http://biz.yahoo.com/p/t/talx.html
EARNINGS: 4-23-07
STATUS: Breakout test. TALX surged with a big gap in mid-February, continuing the breakout from a big 13 month cup with handle base. It hit 37 after the gap and has spent the past 5 weeks filling the gap. Found support at 32 where it consolidated for three weeks in early February. Making a higher low at the 18 day EMA and looking for a break higher from there on a new surge in volume. Nice pattern and excellent fundamentals growth rates to go with it.
Volume: 195.579K Avg Volume: 535.243K
BUY POINT: $34.08 Volume=850K Target=$39.35 Stop=$33.18
POSITION: TUB FG - July $35c (51 delta) &/or Stock
http://www.investmenthouse.com/ci/talx.html
CONTINUING PLAY READY TO MOVE:
Play Date: 03/21/2007
ISE (International Securities Exchange--$48.71; +0.82; optionable)
http://biz.yahoo.com/p/i/ise.html
STATUS: Cup. Volume was the highest in two weeks as ISE jumped off the 90 day MA. Looks ready to make the definitive move off the bottom of its 16 week base. Money flow continues to surge higher ahead of price. Ready to move in as ISE makes its move higher.
Volume: 626.4K Avg Volume: 808.318K
BUY POINT: $49.44 Volume=1.2M Target=$55.45 Stop=$46.42
POSITION: ISE GI - July $45c (63 delta) or ISE GJ - July $50c (48 delta) &/or Stock
http://www.investmenthouse.com/ci/ise.html
Good Investing!
Jon L. Johnson and your IH Alerts Team
All of the foregoing is commentary for informational purposes only. All statements and expressions are the opinion of Online Investment Services, LP. or its paid consultants and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. We are not licensed or registered in the securities industry. The information presented herein and on our related web site has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. The security portfolio of Partners in Online Investment Services, LP. or its paid consultants may, in some instances, include securities mentioned herein and on our web site. Estimates, assumptions and other forward-looking information are subject to the limits of forecasting. Actual future developments may differ materially due to many factors.
|
stock recommendation
stock investment information
|
